# Functionland: Information technology & services, Zug, Switzerland

> Functionland: Functionland is a Toronto-based company founded in 2021 that focuses on Web3 and Decentralized Physical Infrastructure Networks (DePIN).

Source: https://millionrounds.com/startup/functionland (Millionrounds; every figure on the page links to its filing or article)

Switzerland · [Information technology & services startup](https://millionrounds.com/companies)

# Functionland

Functionland is a Toronto-based company founded in 2021 that focuses on Web3 and Decentralized Physical Infrastructure Networks (DePIN).

Email

Funding reported Last round: Seed

Information technology & services Zug, Switzerland

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Company summary

- **Founded:** 2021 5 years old
- **Team:** 8 1 to 10 people
- **Funding reported:** 1.1M as listed, currency not stated
- **Last round:** Seed Jan 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Functionland has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Functionland

Functionland is a Toronto-based company founded in 2021 that focuses on Web3 and Decentralized Physical Infrastructure Networks (DePIN).

It aims to provide a user-owned alternative to traditional cloud services through its blockchain-attached storage unit, FxBlox, and a suite of decentralized software protocols operating on the Fula Network. The company promotes the principle that individuals should own their data, moving away from the "rental web" model. Functionland's ecosystem includes consumer hardware, decentralized applications (dApps), and a privacy-focused protocol. The FxBlox device offers encrypted, decentralized storage, while the Fula Network facilitates peer-to-peer data management without a central server. Their dApps, such as FxFotos and FxFiles, enable users to store and share photos and manage files securely. Functionland also supports developers and Web3 projects with a decentralized backend-as-a-service, allowing for fast and private data retrieval. The company has gained significant traction, with over 1,000 nodes shipped and a waitlist of more than 100,000 users.

## What company datasets say Functionland raised

Funding, as reported

Reported in all **1.1M** in the source's currency

Last round **Seed**

Last round size **1.1M**

Last round date **Jan 2022**

## The company, in detail

What they build

Known for

information technology & services data privacy peertopeer cybersecurity server fxfiles dapps technology fxfotos open source code libp2p p2p cloud computing solutions ipfs information & internet cryptography

- **Sector:** Information technology & services
- **Industry code:** NAICS 513210, 334111, 518210, SIC 7372, 3571, 7374
- **Region:** Canton of Zug

## Information technology & services in Switzerland

Startups like it

- [**KNIME** Zurich · founded 2008 *Raised*](https://millionrounds.com/company/knime)
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- [**Squirro** Zuerich · founded 2012 *Raised*](https://millionrounds.com/company/squirro)
- [**Frontify** St. Gallen · founded 2013 *Raised*](https://millionrounds.com/company/frontify)

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